Search results for: Funding

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A list of search results

  • 24 April 2015

    Responding to the ongoing pressure from the maritime industry, the European Union has committed to triple the financial resources to reinforce EU Operations Triton and Poseidon in 2015 and 2016. Tripling annual funding to 120 million euros ($130 million) will provide for boosting of the search and rescue possibilities in the Mediterranean within the mandate […]

  • 3 April 2015
    Authorities & Government, Business & Finance

    U.S. Senators Jack Reed and Sheldon Whitehouse and Congressmen Jim Langevin and David Cicilline have announced over $1.6 million in federal funding from the National Oceanographic and Atmospheric Administration (NOAA) for the Rhode Island Sea Grant Program. Rhode Island Sea Grant will use the funds to continue work on the state’s Shellfish Management Plan. In […]

  • 24 July 2015
    Research & Development, Technology

    Following the completion of the initial phase, SeeByte, ASV and the Marine Biological Association of the United Kingdom have been awarded funding to carry out phase two of the Adaptive Autonomous Ocean Sampling Networks (AAOSN) SBRI call. The aim of the project is to reduce the complexity and frequency of operator input when supervising large […]

  • 3 March 2016
    Business & Finance

    OrbisEnergy launched a GBP 6 million worth SCORE fund today at the SNS2016, the Southern North Sea offshore energy conference at the Royal Norfolk Showground. The funding, made available from the European Regional Development Fund (ERDF) is set to help eligible SMEs develop new ideas, technologies and innovative solutions for East Anglia’s offshore renewable energy industry, […]

  • 23 June 2017

    Canada’s Minister of Natural Resources Jim Carr announced a $1 million investment in a tidal energy project led by the Offshore Energy Research Association (OERA). The project, which aims to address knowledge gaps and challenges associated with tidal energy in Canada, received the funding from NRCan’s Energy Innovation Program. The Province of Nova Scotia and […]

  • 28 February 2017
    Business & Finance, Human Capital

    DONG Energy has revealed details of its Walney Extension community skills fund which will invest GBP 100,000 a year for the next 25 years into equipping people to work in engineering industries in the coastal areas of Lancashire and Cumbria.

  • 4 March 2015
    Business & Finance

    Yesterday, U.S. Senator Charles E. Schumer urged federal appropriators to allocate $2.32 million in federal funding to dredge the Port of Rochester’s Harbor. This funding has been requested by the U.S. Army Corps of Engineers in its Fiscal Year 2016 Civil Works Budget and Schumer vowed to fight to make it an actuality. Schumer is urging […]

  • 6 June 2014
    Business & Finance

    The Board of Directors of Brazil’s Merchant Marine Fund has a approved financial package worth approx $1.8 billion that will be used to support the construction of new ships and an upgrade of the country’s three shipyards. The decision for funding 14 domestic companies it a total amount of R$ 4,2 billion was made at a regular meeting […]

  • 21 September 2017
    Equipment

    Norway’s sovereign wealth fund, popularly known as the oil fund, has this week reached a staggering value of one trillion U.S. dollars  ($1,000,000,000,000) for the first time. The world’s largest sovereign wealth fund got its first capital in 1996 when the oil revenue from the government was transferred to the fund for the first time. The […]

  • 20 April 2018
    Business & Finance

    U.S. Rep. Fred Upton has sent a letter to Assistant Secretary of the Army (Civil Works) R.D. James asking to include critical operation and maintenance funding for dredging of harbors in Southwest Michigan. As the U.S. Army Corps has already provided robust funding for commercial harbors such as St. Joseph Harbor for its dredging in […]

  • 21 October 2019
    Business & Finance

    McDermott has entered into an agreement with certain of its secured lenders under which the company will have access to up to $1.7 billion of additional financing, including letter of credit capacity. Under the terms of the agreement, McDermott will have immediate access to $650 million of financing comprised of $550 million under a term […]

  • 23 November 2018
    Business & Finance

    The U.S. Army Corps of Engineers has allocated $46 million for the Jacksonville Harbor deep draft navigation project in its FY 2019 Work Plan. This comes in addition to the $50 million in federal funding directed to JAXPORT for the project over the past two fiscal years, representing a substantial federal investment in growing commerce […]

  • 14 June 2018
    Business & Finance

    The $1.7 billion work-plan for Fiscal Year 2018 Civil Works appropriations, released by the U.S. Army Corps of Engineers June 11, includes $143 million for Jacksonville District’s continuing navigation, flood and coastal storm damage reduction and aquatic ecosystem restoration projects in Florida and Puerto Rico. “The array of projects in this budget will positively contribute to […]

  • 4 April 2018
    Business & Finance, Project & Tenders

    After nearly ten years of planning and the Environmental Impact Statement (EIS) approval received in February, the future of the Townsville Port Expansion Project is under threat because of funding cuts. The Federal Infrastructure Minister Paul Fletcher revealed today that the Turnbull Government wouldn’t be kicking in their share for the channel widening project, which has already received $75 […]

  • 24 July 2015
    Research & Development, Technology

    Following the completion of the initial phase, SeeByte, ASV and the Marine Biological Association of the United Kingdom have been awarded funding to carry out phase two of the Adaptive Autonomous Ocean Sampling Networks (AAOSN) SBRI call. The aim of the project is to reduce the complexity and frequency of operator input when supervising large […]

  • 5 September 2016
    Business & Finance

    Swedish-based wave energy developer, Seabased, is looking to raise capital by inviting interested parties to invest in the company by subscribing for new shares.

  • 20 June 2017
    Environment, Human Capital, Research & Development

    Swedish utility company Vattenfall has announced the first successful projects for its EUR 3 million research programme aimed at examining the environmental and socio-economic impacts of offshore wind farms.

  • 16 July 2018
    Business & Finance

    Ørsted has opened the second round of its East Coast Skills Fund for applications, with GBP 55,000 available for experienced organisations that can develop and deliver Science, Technology, Engineering and Maths (STEM)- related training or education courses, a one-off event, or a programme of targeted events.

  • 21 July 2016
    Business & Finance, Research & Development, Technology

    OrbisEnergy today launched a GBP 6 million fund which provides grants of up to GBP 50,000 through the SCORE programme to support small and medium sized businesses developing new technologies in Cambridgeshire, Essex, Norfolk, and Suffolk. Oil and gas companies looking to diversify into offshore renewables are of particular interest to SCORE programme managers. Johnathan Reynolds, of […]

  • 2 July 2015
    Business & Finance

    With 19 financial investors, Copenhagen Infrastructure Partners (CIP) has established a new investment fund, Copenhagen Infrastructure II K/S, which amounts to approximately DKK 14.7 bn (EUR ~2bn). The fund’s focus will be on investments in energy infrastructure, primarily renewable energy, in Northern and Western Europe as well as North America. Christian T. Skakkebæk, Senior Partner in Copenhagen […]

  • 29 April 2015
    Business & Finance

    Community or voluntary groups, charities, and town and community councils can apply for grants of between £2,000 and £10,000 from the Rhyl Flats Offshore Wind Farm Community Fund. Grants can be used for capital and or revenue projects which: promote community spirit and encourage community involvement contribute to vibrant, healthy and sustainable communities enhance quality […]

  • 8 October 2019
    Business & Finance

    The first fund of USD 450 million was successfully invested in vessels chartered on long-term contracts.